Owner-occupied and investor mortgage lending crashes

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By Leith van Onselen

The ABS has replaced its housing and lending finance series with a singe new Lending to households and businesses release, which shows that lending to households has crashed on the back of plummeting owner-occupied and investor mortgage lending:

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According to the ABS:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.